V R Infraspace Ltd IPO
Price Range
₹85
-
Min. Quantity
1,600 Shares
Closes on
6 March 2024
-
Min. investment
₹1,36,000
V R Infraspace Ltd IPO Timeline
| Event | Date |
|---|---|
| V R Infraspace Ltd IPO Opening Date | 4 March 2024 |
| V R Infraspace Ltd IPO Closing Date | 6 March 2024 |
| Basis of Allotment | 7 March 2024 |
| Initiation of Refunds | 11 March 2024 |
| Credit of Shares to Demat | 11 March 2024 |
| V R Infraspace Ltd IPO Listing Date | 12 March 2024 |
V R Infraspace Ltd IPO Details
| V R Infraspace Ltd IPO Date | 4 March 2024 to 6 March 2024 |
| V R Infraspace Ltd IPO Face Value | ₹10 per share |
| V R Infraspace Ltd IPO Price | ₹85 to ₹0 per share |
| V R Infraspace Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹20.4 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹20.4 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Vipul Devchand Rupareliya, Sumitaben Vipulbhai Rupareliya |
V R Infraspace Ltd IPO Lot Size
The V R Infraspace Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,36,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,36,000 |
| Maximum | 1 | 1,600 | ₹1,36,000 |
- Strengths
- Risks
- Opportunities
- Experienced Management Team.
- Established brand and reputation.
- Operation methodology.
- Scalable Business Model.
- Quality Assurance and Standards.
- Ability to create projects which redefine the surrounding geography and create value.
Company Financials
V R Infraspace Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 46.27 | 7.9 | 0.91 |
| 03-2024 | 43.82 | 11.6 | 2.13 |
| 03-2023 | 28.46 | 18.35 | 2.44 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Investment into its subsidiary and part financing the construction of VR Vivanta
- To meet working capital requirements
- General corporate expenses
V R Infraspace Ltd IPO Promoter Holding
| Pre Issue Share Holding | 70% |
| Post Issue Share Holding | 51.08% |
V R Infraspace Ltd IPO Subscription Status (Bidding Detail)
The V R Infraspace Ltd IPO is subscribed 86.274 times on 6 March 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 86.274 |
V R Infraspace Ltd IPO Prospectus
V R Infraspace Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0QQM01017 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
National Trade Center N H 8Opp.L & T Bapod Na,Vadodara-390019
Phone: +91-97371 18885
Email: info@vrinfraspace.com
Website: www.vrinfraspace.in
V R Infraspace Ltd IPO Registrar
V R Infraspace Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
How to Check the Allotment Status of V R Infraspace Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “V R Infraspace Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About V R Infraspace Ltd IPO
V R Infraspace Ltd was originally incorporated as 'V R Infraspace Private Limited' as a private company vide Certificate of Incorporation dated December 16, 2015, issued by the Registrar of Companies, Gujarat. As a result, the Company got converted from a private limited to public limited and the name of Company changed to V R Infraspace Limited. A fresh Certificate of Incorporation dated August 10, 2023 was issued by the Registrar of Companies, Ahmedabad. V R Infraspace are an integrated construction and real estate development company, focused mainly on construction and development of residential and commercial projects, in and around Vadodara, Gujarat.
FAQ
What is the issue size of V R Infraspace Ltd IPO?
I have pre-applied for V R Infraspace Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.